Predatory money lending reportedly continues to flourish on Chinese campuses despite a national crackdown. Photo: Reuters
Loan sharks continue to prey on Chinese university students by going offline to bypass crackdown
A Shanghai-based company was found lending money to students through ads it had posted around university grounds, charging interest of up to 76 per cent
Topic |
China Society
Predatory money lending reportedly continues to flourish on Chinese campuses despite a national crackdown. Photo: Reuters